The Bitcoin Standard is a book written by Saifedean Ammous, an economist, and professor of finance. The book provides an in-depth analysis and historical perspective on the concept of money, and how Bitcoin can be seen as a modern form of sound money.
The book was published in 2018, but the seeds for the Bitcoin Standard were sown much earlier. Ammous has been a vocal advocate for Bitcoin and sound money for many years, and has written extensively on the subject. He began his work on the book in 2016, and spent the next two years researching and writing.
The Bitcoin Standard is not just a book about Bitcoin, but a historical and economic analysis of money and its evolution over time. Ammous argues that sound money is essential for economic growth and prosperity, and that Bitcoin can provide a modern solution to the problems of fiat currency.
The book is divided into three parts. The first part provides an overview of the history of money, from the earliest forms of barter to modern-day fiat currency. Ammous argues that sound money has been a key driver of economic growth throughout history, and that the move away from sound money has led to economic instability and financial crises.
The second part of the book focuses on Bitcoin itself, and how it can be seen as a modern form of sound money. Ammous provides an in-depth analysis of the technology behind Bitcoin, and how it can be used to create a decentralized and secure system of exchange.
The final part of the book looks at the future of money, and how Bitcoin can play a role in shaping the financial landscape. Ammous argues that Bitcoin has the potential to change the way we think about money, and that it can provide a solution to the problems of fiat currency.
Overall, the Bitcoin Standard is a comprehensive and well-researched book that provides a unique perspective on the concept of money and how it has evolved over time. It is a must-read for anyone interested in economics, finance, or cryptocurrency.